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Patent Infringement Lawsuit Filed Against PGT to be Dismissed

CopyTele, Inc., a company that protects the rights of inventors through patent monetization and patent assertion, announced that its wholly owned subsidiary, J-Channel Industries Corp., has entered into a license and settlement agreement with PGT Industries, Inc., in connection with CTI's patented J-Channel Window Frame Construction technology.

The license is the fifth license for the J-Channel Window Frame Construction technology, and resolves the patent infringement lawsuit filed against PGT Industries on October 9, 2013, which will be dismissed, according to a CTE release.